The world’s biggest hamburger chain said in a regulatory filing that there’s been “significant negative impact” in China, Japan and other affected markets. These regions make up about 10 percent of McDonald’s Corp.’s revenue.
The Oak Brook, Illinois-based company had previously said it expected the worldwide sales measure to be “relatively flat” for the year.
The updated guidance comes after a Chinese TV report last month showed workers at one of McDonald’s meat suppliers in Shanghai using expired meat. The supplier, Shanghai Husi Food Co., is a division of OSI, a company based in Aurora, Illinois that has been a longtime supplier to McDonald’s around the globe. It counts numerous other fast-food chains as its clients.